- Ground Floor Flat
- One Bedroom
- En Suite Bathroom
- Communal Gardens
- Off Street Parking
- 150 Year Lease
- Peppercorn Ground Rent
- No Chain
A well-presented one bedroom ground floor flat, offering an excellent opportunity for investment or first time purchase. The property has recently undergone some redecoration, giving it a fresh and welcoming feel throughout.
The front facing sitting room features a compact kitchenette, providing a practical and versatile space for modern living. The rear facing bedroom enjoys a peaceful aspect and comes with an en suite bathroom, complete with a bath and shower over, offering comfort and convenience.
The flat is heated by electric heaters and benefits from an allocated parking space, providing ease of access for residents or tenants.
Ideal for a buy-to-let investor, the property has an indicative rental yield of approximately £800 per calendar month. Astons of Sussex currently manage the tenancies for the entire building and report excellent occupancy rates, demonstrating the longevity of tenants in the block. Compliance is immediate, as the property benefits from a valid Electrical Installation Condition Report (EICR).
The flats are to be offered with new 150-year leases. The service charge is currently managed informally by the freeholder and is expected to be around £100 per month with a peppercorn ground rent. The current owner will retain the freehold, ensuring straightforward management arrangements for the new leaseholders.
This flat represents a low maintenance investment opportunity in a well managed building, combining secure tenancy, good rental income, and the flexibility to add value through minor improvements.
LOCATION
The property is located in Bracklesham Bay and is ideally positioned within close proximity of the beach as well as the popular nature reserve at Medmerry. Here you will find a connecting footpath to Selsey where you can enjoy cycle rides and sunset walks. There is a selection of amenities close by including a Co op, news agents as well as a number of coffee shops/eateries including the popular 'Billy's' where you can enjoy a cold beverage by the sea. Further facilities can be found at the nearby village of East Wittering which include a primary school, doctors, chemist, dentist, and a selection of quality independent shops as well as two mini supermarkets. Additional comprehensive shopping facilities are also available in nearby Chichester some 7 miles away where the city centre offers a wide range of shops, cafes and restaurants and is steeped in rich architecture with the skyline dominating 12th century cathedral. For those that do not drive, there is a bus service at regular intervals from the area.
Council Tax
Chichester District Council (Council Tax), Band A
Lease Length
150 Years
Notice
Disclaimer Notice: Astons of Sussex for themselves and the VENDORS or Lessors of this property, whose agents they are, give notice that 1) these particulars are produced in good faith, are set out as a guide only and do not constitute any part of a contract. 2) No person in the employment of Astons of Sussex has any authority to make or give representation or warranty in respect of this property, 3) Any prospective purchaser or tenant must independently verify the accuracy of each statement through inspection, professional survey, or other means of due diligence. 4) Photographs may include lifestyle shots and local views. There may also be photographs including chattels not included in the sale of the property. 5) Measurements, maps and illustrations given are approximate and should not be relied upon and are for guidance only. 6) The services, system and appliances have not been tested and no guarantee as to their operability or efficiency can be given by Astons of Sussex Ltd. 7) The statements contained within these particulars shall not be construed as representations of fact or relied upon as such. 8) Any information regarding the tenure and charges for the property has been supplied by the seller and is subject to change. All leasehold information will be formally confirmed by the seller`s solicitor during the conveyancing process.
| Utility |
Supply Type |
| Electric |
Mains Supply |
| Gas |
None |
| Water |
Mains Supply |
| Sewerage |
Mains Supply |
| Broadband |
FTTC |
| Telephone |
None |
| Other Items |
Description |
| Heating |
Electric Heaters |
| Garden/Outside Space |
No |
| Parking |
Yes |
| Garage |
No |
| Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
| Standard |
17 Mbps |
1 Mbps |
| Superfast |
80 Mbps |
20 Mbps |
| Ultrafast |
1000 Mbps |
1000 Mbps |
| Mobile Coverage |
Indoor Voice |
Indoor Data |
Outdoor Voice |
Outdoor Data |
| EE |
Enhanced |
Enhanced |
Enhanced |
Enhanced |
| Three |
Likely |
Likely |
Enhanced |
Enhanced |
| O2 |
Enhanced |
Likely |
Enhanced |
Enhanced |
| Vodafone |
Likely |
Likely |
Enhanced |
Enhanced |
Broadband and Mobile coverage information supplied by Ofcom.